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If you choose the simplified method, claim in Canadian or US funds a flat rate of $23 per meal (for the 2023 tax year), to a maximum of $69 per day (sales tax included) per person, without receipts.
10 sty 2023 · Appendix A: CRA Kilometric Rates. Effective: January 1, 2023. The kilometric rates (payable in cents per kilometre) will be used for the application of the Directive on Travel. Rates are payable in Canadian funds only. Rates are reviewed on a quarterly basis effective January 1st of every year.
1 lip 2023 · Appendix A: CRA Kilometric Rates. Effective: July 1, 2023. The kilometric rates (payable in cents per kilometre) below are payable in Canadian funds only. Rates are reviewed on a quarterly basis.
16 gru 2022 · The following changes to limits and rates will take effect as of January 1, 2023: The ceiling for capital cost allowances (CCA) for Class 10.1 passenger vehicles will be increased from $34,000 to $36,000, before tax, in respect of vehicles (new and used) acquired on or after January 1, 2023.
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For 2023, the Department of Finance Canada made some notable changes to the automobile income tax deduction limits and expense benefit rates. Here’s a look at how those changes will impact you. What are the automobile deduction rates for 2023? The changes to limits and rates took effect on January 1, 2023.
16 sty 2023 · 2023 Automobile Deductions Limits & Expense Benefit Rates. 1. AUTOMOBILE RATES. On December 16, 2022, the Department of Finance announced the automobile expense deduction limits and prescribed rates on automobile operating expense benefits for the 2023 calendar year.
